xrp bull pennant
Updated
1000 shares long .53947 cost $540.65 with fee
this has not confirmed its breakout just scaling into the position
for confirmation im looking for a volume spike as well as a close above the trend line
because of this still small in size and only risking less than $20
its very tight here so wanted to start building a position because I know these things can move quicker than you can click a mouse and I do not like chasing
Im in a short on eth and although xrp and eth aren't directly correlated, the market usually moves in unison especially lately with a few coins going against the trend from time to time
so dont like going long on one and short on the other
this has not confirmed its breakout just scaling into the position
for confirmation im looking for a volume spike as well as a close above the trend line
because of this still small in size and only risking less than $20
its very tight here so wanted to start building a position because I know these things can move quicker than you can click a mouse and I do not like chasing
Im in a short on eth and although xrp and eth aren't directly correlated, the market usually moves in unison especially lately with a few coins going against the trend from time to time
so dont like going long on one and short on the other
Trade active
long 500 shares .53685Trade active
closed half my position .5357 dont like the action
sold 750shares
Trade closed: stop reached
closed trade
750 shares at .53439
loss of $9
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